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Dec 9, 2012
12/12
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MSNBC
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republicans lost their fight against the aca when president obama first signed it. they lost again when the supreme court upheld it. then they lost one last time when the american people handed the president a mandate on aca by re-electing him. when exactly are the republicans going to give up the fight that they've already lost three times? hmm. with me at the table, new york university constitutional law professor, kenji yoshino. donna edwards of marylandment senior fellow, bob herbert and jayening off, the former director of consumer insurance oversight at the u.s. department of health and human services. nice to have you all here. >> a long intro for what your job was. your role was to begin the i am plemtation of aca. in certain ways you got the plum part of the job where you get to cover your young people longer and the end of these insurance mandates in certain ways. but this is the hard part. what should we be looking for? >> exchanges, if they're implemented correctly, can for the first time give individuals who have had no bargaining power against insuranc
republicans lost their fight against the aca when president obama first signed it. they lost again when the supreme court upheld it. then they lost one last time when the american people handed the president a mandate on aca by re-electing him. when exactly are the republicans going to give up the fight that they've already lost three times? hmm. with me at the table, new york university constitutional law professor, kenji yoshino. donna edwards of marylandment senior fellow, bob herbert and...
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Dec 6, 2012
12/12
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MSNBC
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and you have this divide between -- i think a strong ideological position on the republican side, not rates, and somewhat ideological, somewhat practical position on the obama side saying we can't get to $1.6 trillion without doing rates. now, we're not going to get to $1.6 trillion, so it becomes academic. >> can we get to $1.2 trillion where i think and others think we're going to end up without raising the rates? >> you can do it mathematically. it works. you can write laws that do it. the question you have to say to yourself, do you want to start eliminating charitable deductions for state and local taxes, for charitable, for health care, even, for retirement funds? in other words, do you really want to turn people's behavior kind of inside-out almost overnight by changing the way taxes work so quickly? >> mark, you're as plugged in as anybody in washington right now. are these guys talking to each other in a real, meaningful way? i know they put out the information that the president talked to john boehner yet, but are there real behind-the-scenes intense negotiations as we're no
and you have this divide between -- i think a strong ideological position on the republican side, not rates, and somewhat ideological, somewhat practical position on the obama side saying we can't get to $1.6 trillion without doing rates. now, we're not going to get to $1.6 trillion, so it becomes academic. >> can we get to $1.2 trillion where i think and others think we're going to end up without raising the rates? >> you can do it mathematically. it works. you can write laws that...
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Dec 10, 2012
12/12
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KGO
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the chief says any deal between president obama and congressional republicans must do more than simply avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance on raising the incomes tax rate for the rich. >> we democrats realize there have to about two sides to the bargain, but in 2011 we put both revenues and cuts on the table. >> but one republican senator revealed this week that tax increases might help solve america's debt crisis. so far the g.o.p. has stood imeps raising taxes. >> what we ought to be working on is the other 93%, because if you want to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to rai
the chief says any deal between president obama and congressional republicans must do more than simply avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another...
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Dec 12, 2012
12/12
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KPIX
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president obama and congressional republicans remain split on raising taxes on upper middle-class americans. susan mcginnis is in washington with the latest now. susan, good morning to you. >> hi. good morning, terrell. both sides are talking publicly about what they want. the gop pushing back against that. but privately negotiations do continue. in an exclusive interview airing on abc's "20/20" this friday night, president obama says he's optimistic a deal will be reached, and he's confident the gop won't hold the middle-class taxes hostage to protect higher income americans. >> taxes are going to go up one way or the other, and think the key is to make sure the taxes go up on higher individuals like you and me, barbara. we can afford it. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the america
president obama and congressional republicans remain split on raising taxes on upper middle-class americans. susan mcginnis is in washington with the latest now. susan, good morning to you. >> hi. good morning, terrell. both sides are talking publicly about what they want. the gop pushing back against that. but privately negotiations do continue. in an exclusive interview airing on abc's "20/20" this friday night, president obama says he's optimistic a deal will be reached, and...
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Dec 13, 2012
12/12
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KPIX
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of the house and president obama seem no closer to a budget deal. as you know, if they don't come up with a spending compromise, most americans will see a hefty tax increase automatically on january 1. major garrett is covering for us at the white house tonight. major? h reporter: scott, two senior white house officials tell us the next 48 hours are crucial. until republicans relent on raising income tax rates for households earning more than $250,000, the democrats will not discuss g.o.p. demand for cuts medicaitlement programs like te house and medicaid. this white house photo of president obama talking yesterday to house speaker john boehner does not convey the 2%se and difficult reality. the g.o.p. leader told mr. obama he wanted to permanently extend all current tax rates, including reose for the two 2% of earners. > there were some offers that conversahanged back and forth yesterday, and the president and r:had a pretty frank conversation about just how far apart we are. >> reporter: we asked white hinge spokesman jay carney today uhere things
of the house and president obama seem no closer to a budget deal. as you know, if they don't come up with a spending compromise, most americans will see a hefty tax increase automatically on january 1. major garrett is covering for us at the white house tonight. major? h reporter: scott, two senior white house officials tell us the next 48 hours are crucial. until republicans relent on raising income tax rates for households earning more than $250,000, the democrats will not discuss g.o.p....
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from obama's perspective leting a deal not hpen and falling over the cliff, all the polls show republicans will get blamed for that. why would he want to avoid that? melissa: jonathan, are there obvious inflationary problems on this? someone followi us on twitter says you will need it to buy a loaf of bread soon. what do you think? >> this is one ounce platinum coin. you can put any value that i want but has real value of $1600 a ounce. if they think this plan works you have to be in the chain gang or belief in the tooth fairy. it is delusional on its face. reality exists. it can't be conned. ashe panel points out this is explicit inflationary you would ne 1.2 billion actual platinum coins to make 2 trillion dollars in wealth. can't happen. melissa: we did a little math. if you were trying to do it the real way you would need 78 million pounds of raw platinum in order to get this done. what else weighs 78 million pounds? let's take a look. 7800 african elephants or 15,600 for f-150 picps. we could have 312 million quarter-pounders with cheese. they would also add up to about the same weigh
from obama's perspective leting a deal not hpen and falling over the cliff, all the polls show republicans will get blamed for that. why would he want to avoid that? melissa: jonathan, are there obvious inflationary problems on this? someone followi us on twitter says you will need it to buy a loaf of bread soon. what do you think? >> this is one ounce platinum coin. you can put any value that i want but has real value of $1600 a ounce. if they think this plan works you have to be in the...
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virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by romney during the election's final weeks. >>> and someone who has apparently run his last senate campaign is conservative republican jim demint. he announced yesterday he is leaving the senate on january 1st in order to leave a conse e conservative thinktank. whoever is chosen to lead the south carolina governor, a special election in 2014 to finish out his term. >>> a new twist in the very bizarre case of software pioneer john mcafee. the former fugitive is waking up in a detention cell in guatemala this morning, one day after being hospitalized. mcafee told abc news he suffered chest pains and then passed out. doctors don't believe he actually had a heart attack. mcafee spent three weeks running from police in belize. that's where he's wanted for questioning about the murder of his american neighbor. >>> now, to washington state, where if you are over 21 years of age, it's now legal to possess a small amount of marijuana. the new law legali
virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by romney during the election's final weeks. >>> and someone who has apparently run his last senate campaign is conservative republican jim demint. he announced yesterday he is leaving the senate on january 1st in order to leave a conse e conservative thinktank. whoever is chosen to lead the south carolina governor, a special election in 2014 to finish out his term....
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Dec 9, 2012
12/12
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KQEH
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why would president obama's fcc chairman, try to do now what the republicans couldn't do then? >> that is a very good question, bill. and i don't have the answer. and it's not only that the senate passed a strong resolution. there were public hearings. and there was the opportunity for the public to give input into this decision making process. and huge numbers of people said, "wait a second, we do not need more media consolidation in america." senate came on record. so why the obama administration is doing something that the bush administration failed to do is beyond my understanding. and we're going to do everything we can to prevent it from happening. >> you may remember that back in 2007, your then senatorial colleague, barack obama wrote a strong letter to the republican chairman of the fcc who wanted to change the rules, just like genachowski is doing now. and he condemned the very tactics that his own fcc chairman is employing today. >> absolutely. and we hope the president will get involved in this issue. so i don't-- to be honest with you, i don't know the internal dyn
why would president obama's fcc chairman, try to do now what the republicans couldn't do then? >> that is a very good question, bill. and i don't have the answer. and it's not only that the senate passed a strong resolution. there were public hearings. and there was the opportunity for the public to give input into this decision making process. and huge numbers of people said, "wait a second, we do not need more media consolidation in america." senate came on record. so why the...
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Dec 7, 2012
12/12
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WUSA
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president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around ♪ ♪ there's no such thing whenas too soft. toilet paper, i know what i like. i
president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this...
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Dec 10, 2012
12/12
by
WGN
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it comes a week after michgan republicans got a controversial right-to-work law passed a measure the president opposes for its limitations on unions. yesterday, president obama met with house speaker john boehner at the white house to discuss how to resolve the fiscal cliff. few details were released about the meeting. if lawmakers fail to strike a deal before the end of the year automatic tax increases and spending cuts will go into effect. the one-on-one meeting was the first between the two leaders since election day. a member of the dallas cowboys is out on bond, after being charged in a crash deadly crash that killed a teammate over the weekend. defensive lineman josh brent was released on half a million dollars bond yesterday. authorities say he was speeding on saturday, when he hit a curb. the vehicle then flipped over and caught fire. cowboys linebacker jerry brown was killed. brent is charged with intoxication manslaughter. brent and brown formed a lasting friendship when they played together at the university of illinois. back in 2-thousand-9, brent also served a 60 day sen
it comes a week after michgan republicans got a controversial right-to-work law passed a measure the president opposes for its limitations on unions. yesterday, president obama met with house speaker john boehner at the white house to discuss how to resolve the fiscal cliff. few details were released about the meeting. if lawmakers fail to strike a deal before the end of the year automatic tax increases and spending cuts will go into effect. the one-on-one meeting was the first between the two...
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Dec 7, 2012
12/12
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CSPAN
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host: president obama with the bloomberg tv. next up, sarah on the republican line. caller: i think president obama is blackmailing the congress. he thinks since he won the election, he should get his own way. he wins and the taxes on everybody. a one term president was not suggested until president obama said "elections have consequences, and i won the." it was after that that the statement was made. they have roadbed dead horse for miles and miles and miles and it is getting bad. what that meant was it was his way or no way. that is why people said they were working towards a one-term president for him. obama is trying to wreck the economy so he can set up his socialist and communist government and agenda and people will be weak enough they will accept it. host: sarah from west virginia. let's of columns in the paper today. here is one from "the washington times." i want to take you to "the washington post." i want to go to janet from massachusetts on the democratic line. caller: good morning. how are you? i just wanted to say i remember when the bush gave us all $
host: president obama with the bloomberg tv. next up, sarah on the republican line. caller: i think president obama is blackmailing the congress. he thinks since he won the election, he should get his own way. he wins and the taxes on everybody. a one term president was not suggested until president obama said "elections have consequences, and i won the." it was after that that the statement was made. they have roadbed dead horse for miles and miles and miles and it is getting bad....
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Dec 12, 2012
12/12
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CNNW
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. >> as a reality for republicans is that president obama has won a second term. in many ways he won the argument. now i'm sure he's thinking about history and legacy and he doesn't have to worry about being re-elected. that gives you a power that you don't have in the first term. but he's managed to box the republicans into a place you just don't want to be, where it looks like you're prepared to allow the middle class of america to get taxed from january onwards at at higher level to save the backsides of the wealthiest 2% of americans when 70% of all americans polled say we want the 2% to be paying more tax. that argument's gone, isn't it? >> yes, it is. look, the president can rightly say that he made clear during the campaign for re-election that this was the beginning of how he was going to deal with our national debt problems, raise taxes on the top 2%. he come in with the mandate, and now he continues to advocate it and it gets great support from the american people. i think it's part of a solution to our debt problem, but if you raise taxes the way the pr
. >> as a reality for republicans is that president obama has won a second term. in many ways he won the argument. now i'm sure he's thinking about history and legacy and he doesn't have to worry about being re-elected. that gives you a power that you don't have in the first term. but he's managed to box the republicans into a place you just don't want to be, where it looks like you're prepared to allow the middle class of america to get taxed from january onwards at at higher level to...
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Dec 12, 2012
12/12
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KRON
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so far president obama and republicans and not able work out a budget compromise. they appear to be getting closer and how much to cut from the federal budget and how much tax revenue to raise. at the same time we're here from house democrats that the deal may not be done by christmas. >> and world news north korea's launch of a long- range rocket and satellite is sparking international outrage this morning. the white house is calling the launch " a highly provocative act that threatens regional security on " south korean and japanese officials think the launch is a cover for the test of the ban ballistic missile. japan filed a strong protest with north korea and is looking to the united nations security council for consultations on the launch. the associated press is reporting that an undermanned american space experts as the rocket launch put a satellite into orbit. >> the united states is following france and the united kingdom and recognizing the new syrian opposition coalition as the " sole legitimate representative of " of the syrian people. the recognition c
so far president obama and republicans and not able work out a budget compromise. they appear to be getting closer and how much to cut from the federal budget and how much tax revenue to raise. at the same time we're here from house democrats that the deal may not be done by christmas. >> and world news north korea's launch of a long- range rocket and satellite is sparking international outrage this morning. the white house is calling the launch " a highly provocative act that...
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Dec 8, 2012
12/12
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FOXNEWSW
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republicans have to stick together. they have to resist the pressure of the white house, and if obama wants to take them over a cliff and wants to inherit a new recession which will destroy his second term, i think they ought to say if that's what you want, mr. president, we'll just do it. >> well said as always. charles krauthammer, thanks so much for being with us. appreciate it. >> it's a pleasure. >>> coming up, jones makes a grand return and gloats about the victory in the election. his speech was nothing short of offensive. we'll play it for you. you'll hear the less than civil rhetoric being spewed by the former green jobs czar. the situation in syria has hit critical mass that president assad is ready to launch chemical weapons on his own people. president obama issued a warning to assad. to assad. will he stand by his own try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right b
republicans have to stick together. they have to resist the pressure of the white house, and if obama wants to take them over a cliff and wants to inherit a new recession which will destroy his second term, i think they ought to say if that's what you want, mr. president, we'll just do it. >> well said as always. charles krauthammer, thanks so much for being with us. appreciate it. >> it's a pleasure. >>> coming up, jones makes a grand return and gloats about the victory in...
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Dec 13, 2012
12/12
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KQED
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is it shifting in a way that gives president obama a stronger hand in dealing with republican leaders as we approach the fiscal cliff? >> no question. he's gotten a lot of -- he has a lot of capital with the public. his approval ratings have surged to 55%. a point of comparison, president bush in december, 2004, was at 48%. we asked people is obama trying to make a serious effort to negotiate a deal, get a deal, 55% say yes. when we say the same thing about republican leaders just 32% say yes. the democrats are better regarded in this negotiation than the republicans by a lot. >> suarez: did you ask people what they would be willing to put up with in order to get some sort of solution? for instance, do they support raising taxes on the wealthiest americans? >> well, they have a very mixed view of things. they support raising taxes on those who earn more than $250,000. 69%, i believe the statistic. they believe in raising taxes on investment income. they believe in limiting the number of deductions that can be taken. things that are in the realm of rich people, or more wealthy people m
is it shifting in a way that gives president obama a stronger hand in dealing with republican leaders as we approach the fiscal cliff? >> no question. he's gotten a lot of -- he has a lot of capital with the public. his approval ratings have surged to 55%. a point of comparison, president bush in december, 2004, was at 48%. we asked people is obama trying to make a serious effort to negotiate a deal, get a deal, 55% say yes. when we say the same thing about republican leaders just 32% say...
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Dec 5, 2012
12/12
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CNBC
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. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that view that they should give into what the president is suggesting, at least temporarily, and continue to negotiate on the rest because there's a lot of political pain here for republicans if we do get to the point where we go over the cliff because of those higher tax rate pateryers, guys. >> all right, eamon. thank you. >> the talk continues, but none of it face to face. be sure to catch a liv
. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer...
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Dec 8, 2012
12/12
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CSPAN
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then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on your lives and the lives of americans all across the country. right now, middle-class tax cuts are set to expire at the end of the year. time is running out. and there are two things that can happen. first, if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. a typical middle-class family of four would get a $2,200 tax hike. that would be bad for families, it would be bad for businesses, and it would drag down our entire economy. now, congress can avoid all this by passing a law that prevents a tax hike on the first $250,000 of everyb
then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on...
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Dec 5, 2012
12/12
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KTVU
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that's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall yesterday and some 60,000 people have fled to emergency shelters. the crowded shelters in this
that's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come...
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427
Dec 11, 2012
12/12
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KPIX
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the president and the house republicans have just three weeks to find a compromise to stop automatic tax hikes and spending cuts, and both sides say they are ready to talk. cbs 5's danielle nottingham on what might be the key to the solution. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january first, everybody's going to see their income taxes gop. >> private face to face talks were revised this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax break. >> reporter: republicans have adamantly opposed raising taxes, but some are considering it now if democrats agree to social security and medicare changes. >> republicans were disappointed with the proposed spending cuts in the president's first offer which do no
the president and the house republicans have just three weeks to find a compromise to stop automatic tax hikes and spending cuts, and both sides say they are ready to talk. cbs 5's danielle nottingham on what might be the key to the solution. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january first, everybody's going to see their income...
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Dec 10, 2012
12/12
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WBAL
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one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income owners you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want big spending can you tell us to programs. >> we don't want to be back here in another year and another 10 years answering the same questions. >> as the talks continue on both sides americans from main street to wall street wait to see who will blink first. >> both sides are earring to wind down this crisis and head home for the holidays but no one wants to walk away in doo feet. -- defeat. >> for
one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >>...
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Dec 6, 2012
12/12
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CURRENT
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eric cantor said republicans want to sit down with the president. we want to talk specifics. but the fact that we can't include any in our plan -- >> we're saving them up. >> stephanie: right. aids are speculating that obama is willing to let america go over the cliff -- >> by the they are not a tax increase, they are cuts that were supposed to expire years ago. >> stephanie: thank you. the size of the problem cannot be solved without taxes going up. >> we can probably solve this in about a week. it's not that tough. but we need the conceptual break through that says we need to do an balanced plan. >> stephanie: someone is going to do that internet thing with hitler -- >> oh, they already have. >> oh, several versions. >> stephanie: yeah. okay. the president. >> i'll be here and i'll be available at any moment said the president about getting serious to solve this problem. >> stephanie: oh that's boner. >> serious amount of bourbon. >> stephanie: serious liquor. not the kids kind of liquor. he also accused the president of shifting the goal post. >> i'm shifting the goal post
eric cantor said republicans want to sit down with the president. we want to talk specifics. but the fact that we can't include any in our plan -- >> we're saving them up. >> stephanie: right. aids are speculating that obama is willing to let america go over the cliff -- >> by the they are not a tax increase, they are cuts that were supposed to expire years ago. >> stephanie: thank you. the size of the problem cannot be solved without taxes going up. >> we can...
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Dec 7, 2012
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meanwhile president obama paid a visit to a northern virginia family who would suffer financially if a deal isn't reached. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the cost involved in very personal terms. >> still the white house says the across the board spending cuts and tax hikes will takes effect if republicans refuse to raise taxes on the wealthiest americans. meanwhile a new survey shows the president's approval rating is at the highest point since the raid that killed osama bin laden. in addition, 42% believe the nation is heading in the right direction. >>> 6:10, a tycoon wanted for murder, how john mcafee ended up in the hospital. >>> a van plows into a jewelry store, narrowly missing the customer, what the driver says caused her to lose control. >> last going on, i had a former student give birth in the car. >> how about that, a lesson they never expected how teachers stepped in to deliver a baby in a school parking lot. we got that story and much more when we come back. ,,,
meanwhile president obama paid a visit to a northern virginia family who would suffer financially if a deal isn't reached. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the cost involved in very personal terms. >> still the white house says the across the board spending cuts and tax hikes will takes effect if republicans refuse to raise taxes on the wealthiest americans. meanwhile a new...
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. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton era levels, 2% payroll tax cuts will expire, and long-term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. o
. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one...
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. >>> on capitol hill, republicans are sticking to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or the cliff -- over the cliff, if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily, because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will c
. >>> on capitol hill, republicans are sticking to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came...
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latinos, in the end, didn't vote for obama because they were enamored with barack obama. that's what the campaign thinks, but that's not what happened. we had a terrible candidate, lousy campaign, and terrible positions on immigration. >> going down the road, starting with roberto, can we assuming they wipe the slate clean on immigration next week, but it's a long hard road to solve it, how long is the memory of the memory going to last? so lopsidedly democratic, they are not remming the 1960s and 1970s, but in some levels they are. i want to hear you talk about what's the half lifer? you know, getting it right now, how do you see that playing out? >> well, you know, judging from -- we don't have a lot of past performances to base it on other than one dramatic one, which is california where the republican party succeeded in the mid-1990s as painting itself as the party taking a hard line on immigration, and it was one that was exuberant about red -- rhetoric in images, quite graphically -- >> they keep coming. >> right. they keep coming. that was the -- pete wilson's ode
latinos, in the end, didn't vote for obama because they were enamored with barack obama. that's what the campaign thinks, but that's not what happened. we had a terrible candidate, lousy campaign, and terrible positions on immigration. >> going down the road, starting with roberto, can we assuming they wipe the slate clean on immigration next week, but it's a long hard road to solve it, how long is the memory of the memory going to last? so lopsidedly democratic, they are not remming the...
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avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tef any had used twitter to tell the president her family can't afford a tax increase. and the white house released this video. >> $2,000 for me would be paying a month's rent. >> reporter: back in washington, more gridlock. >> it's up to the republicans to decide how long it's going to take. >> the president actually isn't interested in a balanced agreement. >> reporter: with both sides stuck on tax hikes for the top 2%, economists wonder if lawmakers will reach a deal this year. >> i'm skeptical, but i do think it can be done next year. >> reporter: warning a congressional committee they would just have a month to negotiate in 2013 before the economy falls apart. >> by mid-february it will be doing a lot of
avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tef any had used twitter to tell the president her family can't afford a tax increase. and the white house released...
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he said we've got a deal. >> obama: i think once republicans agree to let the tax rates go up on the top 2%, like i talked about during the campaign like the majority of americans agree to, once we do that, and i think we can get a deal. >> bill: and at the briefing yesterday, jay carney made the same point saying that there was no way -- he said it one more time. in fact, i tweeted out yesterday while i was at the briefing, how many times does the white house have to say that the president will simply not accept a deal unless the tax rates go up for the top 2%? the president will not sign a bill if it includes a continued tax cut for the top 2%. jay carney said that again yesterday. and then he got some surprising support from tom coburn, conservative republican senator from oklahoma who said you know, the president on this thing is right. what's wrong with raising rates? >> personally, i know we have to raise revenue. i don't really care which way we do it. actually, i would rather see the rates go up than do it the other way because it gives us greater chance to reform the tax cod
he said we've got a deal. >> obama: i think once republicans agree to let the tax rates go up on the top 2%, like i talked about during the campaign like the majority of americans agree to, once we do that, and i think we can get a deal. >> bill: and at the briefing yesterday, jay carney made the same point saying that there was no way -- he said it one more time. in fact, i tweeted out yesterday while i was at the briefing, how many times does the white house have to say that the...
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obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have never done in our history until we did it last year. i will not play that game because we've got to break that habit before it starts. >> so w
obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a...
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more than president obama. and then come back with a law to do what you want to do and have a better chance of getting it passed. >> yeah. >> bill: in early january. >> do republicans come along in early january? they'll still have a house majority. they'll still have the ability to block what democrats want to do then you'll have the debt ceiling come into play and the administration is going to need an increase in that in order to keep the government functioning and to stop another credit rating downgrade. so i'm not sure that this magical idea that you come back in january with a couple of more senators and a couple more members of the house and you know, you can get the deal you want that includes you know, the tax rates you that want and the changes -- no changes to social programs and also, i think ultimately president obama does not want a recession in his second term. he doesn't want to preside over an economy that's doing poorly and it is going to stop other pieces of his agenda. i think he really want
more than president obama. and then come back with a law to do what you want to do and have a better chance of getting it passed. >> yeah. >> bill: in early january. >> do republicans come along in early january? they'll still have a house majority. they'll still have the ability to block what democrats want to do then you'll have the debt ceiling come into play and the administration is going to need an increase in that in order to keep the government functioning and to stop...
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again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes without upping tax rates at all tea party leaders say higher taxes shouldn't be in any form because it is not what republicans stand for. south carolina senator jim demint went so far as to call on supporters of his senate conservative fund to call senate republicans and ask them to oppose what he's calling the boehner tax hike. the looming question for republicans what may be willing to compromise is what's your bottom line? the fallback position that is most likely at this point may tu
again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party...
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president obama and congressional republicans seem to be digging in on the issue of taxes right now. but a new "wall street journal"/nbc poll shows an overwhelming majority of americans are siding with the president. of the republicans polled, we're seeing a big shift a majority favoring compromise. white house correspondent brianna keilar is following this informatio negotiation, the ups and down. i'm not sure the polls matter as much as the members on both sides of the aisle. >> the good news is they are still talking, the white house and the speaker's office. president obama and the speaker have spoken. the staff is talking. when you listen to how they're characterizing conversations, it's not that great. from sunday's conversation that the speaker had with the president, he called that cordial. he just said that his conversation on tuesday night with the president was deliberate and frank. both the speaker and the white house have been asked about reports that actually that phone call was intense. that's something that jay carney did not dispute. >> simply say we confirm the call
president obama and congressional republicans seem to be digging in on the issue of taxes right now. but a new "wall street journal"/nbc poll shows an overwhelming majority of americans are siding with the president. of the republicans polled, we're seeing a big shift a majority favoring compromise. white house correspondent brianna keilar is following this informatio negotiation, the ups and down. i'm not sure the polls matter as much as the members on both sides of the aisle....
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president obama lowered the amount from 1.6 to $1.4 trillion. that's not good enough for the republicans holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. they will work to the last minute. >>> it's been a busy morning for all things business. >> certainly. he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. >> reporter: and we have some decent news on the economy but that's largely being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from san
president obama lowered the amount from 1.6 to $1.4 trillion. that's not good enough for the republicans holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. they will work to the last minute. >>> it's been a busy morning for all things business. >> certainly. he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good...
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. >> obama: i have said i will work with republicans on a plan for economic growth job creation and reducing our deficits and that has some compromise between democrats and republicans. i understand there's a -- you know, people have a lot of different views. i'm willing to compromise a little bit. >> stephanie: yeah. >> i worry about him talking about compromising. >> stephanie: i think he is doing the right thing, though. he is hitting the road like campaign style and taking -- and the polls are showing that it is working. again, just like in the election, the american people largely with him, would largely blame republicans if this happens. he is building his case. he said it will be a hit you can't afford to take. and if anything, jim, the president has toughened his demand in the last few days. i mean it really -- that -- that i really think is true. because we have never seen this breed of republicans before that have taken that hostage. it shouldn't be part of negotiations of anything. it's money we have already spent. it's like you getting your mastercard bill and say no, i'm not goi
. >> obama: i have said i will work with republicans on a plan for economic growth job creation and reducing our deficits and that has some compromise between democrats and republicans. i understand there's a -- you know, people have a lot of different views. i'm willing to compromise a little bit. >> stephanie: yeah. >> i worry about him talking about compromising. >> stephanie: i think he is doing the right thing, though. he is hitting the road like campaign style and...